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Recloser Control - Market Analysis, Trends, and Forecasts

  • ID: 4805387
  • Report
  • October 2019
  • Region: Global
  • 338 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • G&W Electric Company
  • Hubbell
  • Schneider Electric Sa
  • Siemens Ag
  • Tavrida Electric Ag
  • MORE
The Recloser Control market worldwide is projected to grow by US$579.5 Million, driven by a compounded growth of 5.9%. Electric, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.1 Billion by the year 2025, Electric will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$20.6 Million to the region's size and clout in the next 5 to 6 years. Over US$17.5 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Electric will reach a market size of US$55.6 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.8% over the next couple of years and add approximately US$157.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:
  • Beckwith Electric Co., Inc.
  • Entec Electric & Electronic Co. Ltd.
  • G&W Electric Company
  • GE Grid Solutions
  • Hubbell, Inc.
  • Schneider Electric SA
  • Siemens AG
  • Tavrida Electric AG
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • G&W Electric Company
  • Hubbell
  • Schneider Electric Sa
  • Siemens Ag
  • Tavrida Electric Ag
  • MORE

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Recloser Control Market: A Prelude

Three-Phase Segment to Lead Recloser Control Market

Global Competitor Market Shares

Recloser Control Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Increasing Distribution Automation for Power Quality and Reliability Drives Growth

Global Distribution Automation Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024

Increasing Use of Recloser Controllers in Substation Automation Drives Demand

Global Substation Automation Market: Revenues in US$ Million for the Years 2018, 2020, 2022 and 2024

Asia-Pacific Substation Automation Market: Revenues in US$ Billion by Type for the 2019

Expansion of T&D Networks: Potential for Growth

Growth in Renewable Power Generation Augurs Well for Reclosers Market

Global Renewable Power Generation Capacity in Gigawatts (GW) by Type for the Years 2014, 2016 and 2018

Upgradation of Existing Substations and Feeder Line Protection: Potential for Market Growth

Projected Increase in Smart Grid Investments Offers Huge Potential for Recloser Control Market Growth

Guaranteed Service Programs and Implementation of Performance-Based Incentive Schemes Support Market Growth

Challenges

Increasing Competition from Unorganized Sector Hampers Market Growth

Lack of Investments in Grid Stability from Governments: A Major Growth Restraint

Innovations and Advancements

Product Overview

Recloser Control: Definition

Recloser Control by Type

Electric Recloser Control

Hydraulic Recloser Control

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Recloser Control Market Share (in %) by Company: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Recloser Control Market: Competitor Market Share Scenario (in %) for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

BECKWITH ELECTRIC CO., INC.

ENTEC ELECTRIC & ELECTRONIC

G&W ELECTRIC COMPANY

HUBBELL

SCHNEIDER ELECTRIC SA

SIEMENS AG

TAVRIDA ELECTRIC AG

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • Beckwith Electric Co., Inc.
  • Entec Electric & Electronic
  • G&W Electric Company
  • Hubbell
  • Schneider Electric Sa
  • Siemens Ag
  • Tavrida Electric Ag
Note: Product cover images may vary from those shown
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